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Coal mining QRC

Mineral producer abandons new coal projects

A multinational resources company vowed to stop constructing proposed coal developments. South32 recently promised to never spend money on, or build, new coal projects in future. “While we...

Thiess

Contract awarded for $3.6B resources project

A mining services company won a tender at a major development. Thiess recently secured the mining services contract for Fortescue Metals Group’s Iron Bridge Project. The successful bidder will...

Onslow Project

New $3B project funding approved

A mining services company agreed to invest in one of the Pilbara’s largest ever developments. Mineral Resources (MinRes) and Red Hill Iron Joint Venture (RHIOJV) partners recently approved...

Glencore coal

Coal boom will continue into 2023 says employer

One fossil fuel will keep enjoying elevated commodity prices well into the New Year, a mineral producer said. Whitehaven Coal expects the value of coal will continue to soar. The company predicts the...

BMA Australia

New owner takes control of Bowen Basin coal mines

Multiple coal operations have changed hands in Central Queensland’s Isaac region. Stanmore Resources recently seized control of an 80 per cent stake in BHP Mitsui Coal (BMC) for at least US$1...

Blackwater Coal Mine

New Central Qld coal project proposed

A multinational mining company plans to construct a new coal development in Queensland’s Central Highlands region. BHP recently applied for federal approval to construct its new $1 billion...

Maxwell Coal Mine

Underground coal mine receives $94M boost

A resources producer attracted major funding for its flagship coal operation. New Hope Corporation (NHC) recently purchased a 15 per cent stake in Malabar Resources. The deal involved NHC acquiring...

Blair Athol mine

Foreign owner exits multinational coal producer

An Asia-backed investment company reportedly sold its minority stake in a mining company that operates in multiple countries. Hong Kong-headquartered OCP Asia is rumoured to have disposed of TerraCom...